Avnet Electronics Marketing Americas Signs Distribution Agreement with API Delevan.

PHOENIX -- Avnet Electronics Marketing Americas, the largest operating group of Avnet Inc. (NYSE: AVT), recently announced that is has signed a distribution agreement with API Delevan -- a subsidiary of Danaher Corp. (NYSE: DHR). This agreement includes API Delevan's standard and military passive products, adding to Avnet's current inductor lineup.

"This agreement will allow API Delevan to leverage Avnet's extensive network of sales, support, and logistics to expand into even more diverse applications and markets, and will add an extremely strong, reliable brand name to Avnet's line card, providing a win-win for both companies," said Jim Bingel, president and general manager for API Delevan.

"We are delighted to be partnering with API Delevan, one of the largest manufacturers of surface mount and thru-hole inductors, chokes and coils in the United States," said Pat Wastal, senior vice president of Interconnect, Passive & Electromechanical products for Avnet Electronics Marketing. "By combining the technical and logistical expertise within each company, we will be able to offer flexible, high-quality passive solutions that will be of real benefit to our end customers."

"Avnet is pleased to partner with API Delevan to offer our customers one of the broadest arrays of inductor products," added Phil Gallagher, president of Avnet Electronics Marketing Americas. "API Delevan is truly an industry leader offering high reliability over 150 product families and RoHS compliant inductors -- all of which will be an excellent complement to Avnet's current product and service offerings."

About API Delevan

API Delevan is one of the largest and most experienced manufacturers of surface mount and thru-hole inductors, chokes, and coils in the United States. API Delevan's strategy is simple: commitment to work closely with customers, invest heavily in R&D, continually introduce new reliable designs, manufacture to the highest automation levels obtainable and provide exceptional customer service with speed and flexibility. API Delevan offers one of the industry's quickest delivery cycle times for a manufacturer. From build to order or stock, you can be assured of excellence in both product and service. For more information about API Delevan, please visit http://www.delevan.com/.

About Avnet Electronics Marketing

Avnet Electronics Marketing is the largest operating group of Phoenix-based Avnet Inc., a Fortune 500 company. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in 68 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at http://www.em.avnet.com/.

Avnet enables success from the center of the technology industry, providing cost-effective services and solutions vital to a broad base of more than 100,000 customers and 300 suppliers. The company markets, distributes and adds value to a wide variety of electronic components, enterprise computer products and embedded subsystems. Through its premier market position, Avnet brings a breadth and depth of capabilities that help its trading partners accelerate growth and realize cost efficiencies. For fiscal year ended July 2, 2005, Avnet and the recently acquired Memec (closed July 5, 2005) generated combined revenue in excess of $13 billion in the past year through sales in approximately 70 countries. Visit www.avnet.com/.